Brian Singh Dhatt - Sep 24, 2021 Form 4 Insider Report for BigCommerce Holdings, Inc. (BIGC)

Role
Chief Technology Officer
Signature
/s /Jeff Mengoli, Attorney-in-Fact for Brian Dhatt
Stock symbol
BIGC
Transactions as of
Sep 24, 2021
Transactions value $
-$503,223
Form type
4
Date filed
9/28/2021, 04:39 PM
Previous filing
Sep 20, 2021
Next filing
Oct 27, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BIGC Series 1 Common Stock Options Exercise $31.8K +10K +12.66% $3.18 89K Sep 24, 2021 Direct F1
transaction BIGC Series 1 Common Stock Sale -$438K -8.2K -9.21% $53.41 80.8K Sep 24, 2021 Direct F2, F3
transaction BIGC Series 1 Common Stock Sale -$97.2K -1.8K -2.23% $53.92 79K Sep 24, 2021 Direct F2, F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BIGC Non-Qualified Stock Option (Right to Buy) Options Exercise $0 -10K -23.08% $0.00 33.3K Sep 24, 2021 Series 1 Common Stock 10K $3.18 Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock option exercise was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 30, 2020 and modified on August 17, 2021.
F2 This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 30, 2020 and modified August 17, 2021.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $52.77 to $53.7699, inclusive. The reporting person undertakes to provide to BigCommerce Holdings, Inc., any security holder of BigCommerce Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price with the ranges set forth in Footnote 3 to this Form 4.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $53.77 to $54.7699, inclusive. The reporting person undertakes to provide to BigCommerce Holdings, Inc., any security holder of BigCommerce Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price with the ranges set forth in Footnote 4 to this Form 4.
F5 Option was immediately exercisable on the date of grant.